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In 2012, for the first time, most children born in the United States
Fallacy of Composition
The erroneous belief that what is true for an individual or part will also be true for a group or the whole.
Income
Money received by a person or household over a certain period of time from work, investments, business ventures, or other sources.
Fallacy of Composition
The erroneous belief or argument that what is true for a part is necessarily true for the whole group or entity.
Economic Relationships
The interactions between different variables within the economy, such as supply and demand, and price and quantity.
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